How to Invest in Mexico: 10 Easy Steps.

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1. Choose a Unit

With the help of your trusted realtor, choose the unit that fits your budget, needs, and preferences.

2. Fill the Offer Letter

Submit an offer letter to the seller and choose the payment scheme to layout your numbers.

3. Send Deposit

Send the deposit to the seller or the assigned trust account. This deposit is usually between $1,000 and $5,000 USD.

4. Send Documentation

Copy of the buyer’s passport, proof of address, and a bank statement where the funds will be drafted from.

5. Sign Contract

The seller delivers the contract, reviews it with an expert and signs it.

6. Pay Downpayment & Construction Payments

Usually 30% of the total price. When a higher downpayment is made, the seller usually negotiates a discount on the total price. The construction payments refer to the term. For presales, it is usually distributed between 12 to 24 months.

8. Get a Fideicomiso

Your realtor will help you get a fideicomiso with a notary and a selected bank. This is a trust that gives you the rights to the property required for foreigner buyers near the beach or near a border.

9. Get The Deed With A Notary

A notary will validate the whole process and make sure the transaction goes without any issue

10. Put Your Property Up For Rent.

If your goal is to create extra income by renting your property, we can also help you manage your property and put it up for rent.

Looking for help with your real estate journey in Mexico?

Contact:
josue.rivera@initia.com.mx
We’re here to guide you through the exciting process of homeownership in Mexico.

Initia Real Estate is a full-service Canadian-based real estate company with operations that span across Canada and Mexico. Founded in 2016, Initia Real Estate was formed to make business simpler for agents while providing them with the resources they need to succeed. Through fee transparency and the provision of marketing and training resources, Initia Real Estate empowers its agents to achieve their maximum potential. The success of Initia Real Estate is rooted in the success of the brokerage’s agents. Initia Real Estate presents an innovative business model built on partnership-focused relationships with its agents. To learn more about Initia Real Estate, please visit www.initia.ca.

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